Required 1) 2) and 3), please!

Smoky Mountain Corporation makes two types of hiking bootsthe Xtreme and the Pathfinder. Data concerning these two product lines appear below Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtre $121.00 $60.70 $ 10.80 1.2 DL 25,000 units Pathfinder $ 88.00 $ 54.00 $ 9.00 1.0 DE 71,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below. Istinated total na facturing overhead Estimated total direct labor-hours $ 2,020,000 101,000 DIE Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an activity based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs) Mtivities and Activity Menu Supporting direct labor direct labor-boca) Batoh setups setups) Product staining amber of products Othe Estimated Overhead coat 606,000 693,000 700.000 21.000 Txpected Activity Xtro Pathfinder Total 110.000 71.000 101.000 350 270 630 1 1 2 NA BA Activities and Activity Measures Supporting direct labor (direct labor-hours) Batch setups (setups) Product sustaining (number of products) Other Total manufacturing overhead cost Estimated Overhead Cost $ 606,000 693,000 700.000 21,000 $ 2,020,000 Expected Activity Xtreme Pathfinder Total 30,000 71,000 101,000 360 220 630 1 1 2 NA NA NA Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system. 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a quantitative comparison of the traditional and activity-based cost assignments (Round your intermediate calculations to places and Percentage answers to 1 decimal place) Total Xtreme % of Amount Total Amount Pathfinder W of Amount Total Amount Amount Traditional Cost System 3. Prepare a quantitative comparison of the traditional and activity-based cost assignments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a quantitative comparison of the traditional and activity-based cost assignments. (Round your intermediate calculations places and Percentage" answers to 1 decimal place.) Total Xtreme % of Amount Total Amount Pathfinder % of Amount Total Amount Amount Traditional Cost System % % % 96 % Total cost assigned to products Xtreme Total % of Pathfinder % of Amount Total Amount Amount Total Amount Amount Activity Based Costing System Direct costs Amount Total Amount Amount Total Amount Amount Traditional Cost System % % % % % % Total cost assigned to products Xtreme Pathfinder Total % of % of Amount Total Amount Amount Total Amount Amount Activity-Based Costing System Direct costs: % % % % Indirect costs % % % % % % Total cost assigned to products Costs not assigned to products: Total cost